A small firm makes three products, which all follow the same three step process, which consists of milling, inspection, and drilling.Product A requires 6 minutes of milling, 5 minutes of inspection, and 4 minutes of drilling; product B requires 2.5 minutes of milling, 2 minutes of inspection, and 2 minutes of drilling; and product C requires 5 minutes of milling, 4 minutes of inspection, and 8 minutes of drilling.The department has 20 hours available during the next period for milling, 15 hours for inspection, and 24 hours for drilling.Product A contributes $6.00 per unit to profit, product B contributes $4.00 per unit, and product C contributes $10.00 per unit.
Use the following computer output to find the optimum mix of products in terms of maximizing contributions to profits for the next period.
PROBLEM TITLE: LINEAR PROGRAMMING
PROBLEM IS A MAX WITH 3 VARIABLES AND 3 CONSTRAINTS.

Question

Quizplus · Accepted Answer

The Answer of A small firm makes three products, which all follow the same three step process, which consists of milling, inspection, and drilling.Product A requires 6 minutes of milling, 5 minutes of inspection, and 4 minutes of drilling; product B requires 2.5 minutes of milling, 2 minutes of inspection, and 2 minutes of drilling; and product C requires 5 minutes of milling, 4 minutes of inspection, and 8 minutes of drilling.The department has 20 hours available during the next period for milling, 15 hours for inspection, and 24 hours for drilling.Product A contributes $6.00 per unit to profit, product B contributes $4.00 per unit, and product C contributes $10.00 per unit.
Use the following computer output to find the optimum mix of products in terms of maximizing contributions to profits for the next period.
PROBLEM TITLE: LINEAR PROGRAMMING
PROBLEM IS A MAX WITH 3 VARIABLES AND 3 CONSTRAINTS.

A Small Firm Makes Three Products, Which All Follow the Same